https://www.taxtmi.com/caselaws?id=407594 The Tribunal approved the Scheme of Amalgamation between two companies under Sections 230-232 of the Companies Act, 2013. Meetings of certain shareholders and creditors were dispensed with, while compliance with statutory and regulatory requirements was ensured. The interests of employees were protected, and the Income Tax Department's objections were addressed. The Tribunal ordered the transfer of assets and liabilities, continuation of proceedings, and specified the appointed date for the Scheme. The Scheme was sanctioned with necessary compliances and protections for regulatory bodies. en-us Tue, 13 Apr 2021 00:00:00 +0530 Sat, 15 May 2021 08:26:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407594 The Tribunal approved the Scheme of Amalgamation between two companies under Sections 230-232 of the Companies Act, 2013. Meetings of certain shareholders and creditors were dispensed with, while compliance with statutory and regulatory requirements was ensured. The interests of employees were protected, and the Income Tax Department's objections were addressed. The Tribunal ordered the transfer of assets and liabilities, continuation of proceedings, and specified the appointed date for the Scheme. The Scheme was sanctioned with necessary compliances and protections for regulatory bodies. Case-Laws Companies Law Tue, 13 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407594